Robert Lighthizer
๐ค SpeakerAppearances Over Time
Podcast Appearances
And I could give a hundred examples of that. So... people can temporarily make money there while it's in their interest for you to do it. But once you get to the point that the Chinese say, now, why exactly am I giving you a piece of this action? When you get to that point, you're on the way out. So I guess I have two things. One, the people who actually are making money are sort of
And I could give a hundred examples of that. So... people can temporarily make money there while it's in their interest for you to do it. But once you get to the point that the Chinese say, now, why exactly am I giving you a piece of this action? When you get to that point, you're on the way out. So I guess I have two things. One, the people who actually are making money are sort of
financializers, if you will. Manufacturers will do it for a brief period of time until it falls off. And then the other thing I would say for sure there's going to howl, but I always say it's a little bit like undertakers being against cancer research, right? My view is so what? You're against cancer research, right? It's bad for business.
financializers, if you will. Manufacturers will do it for a brief period of time until it falls off. And then the other thing I would say for sure there's going to howl, but I always say it's a little bit like undertakers being against cancer research, right? My view is so what? You're against cancer research, right? It's bad for business.
financializers, if you will. Manufacturers will do it for a brief period of time until it falls off. And then the other thing I would say for sure there's going to howl, but I always say it's a little bit like undertakers being against cancer research, right? My view is so what? You're against cancer research, right? It's bad for business.
Well, I mean, they get a fee for bringing money to China, right? So it's like they do anywhere else, right? They sell bonds, they facilitate investment, and they get a piece of the action.
Well, I mean, they get a fee for bringing money to China, right? So it's like they do anywhere else, right? They sell bonds, they facilitate investment, and they get a piece of the action.
Well, I mean, they get a fee for bringing money to China, right? So it's like they do anywhere else, right? They sell bonds, they facilitate investment, and they get a piece of the action.
Yeah, there's no question about it. There's no question about it.
Yeah, there's no question about it. There's no question about it.
Yeah, there's no question about it. There's no question about it.
That is going to happen with tariffs. They are, in fact, coming back. That manufacturing is going to come back. So it's going to have that effect. And I think it'll take relatively โ now, it's all not coming back, right? It's all going to go to other places. And my own view is that it going, for example, from China to Mexico could very well be in the interest of the United States.
That is going to happen with tariffs. They are, in fact, coming back. That manufacturing is going to come back. So it's going to have that effect. And I think it'll take relatively โ now, it's all not coming back, right? It's all going to go to other places. And my own view is that it going, for example, from China to Mexico could very well be in the interest of the United States.
That is going to happen with tariffs. They are, in fact, coming back. That manufacturing is going to come back. So it's going to have that effect. And I think it'll take relatively โ now, it's all not coming back, right? It's all going to go to other places. And my own view is that it going, for example, from China to Mexico could very well be in the interest of the United States.
Not if it's a Chinese company doing it, but I mean โ When a U.S. company brings a facility from China and puts it in Mexico and employs Mexicans, that's more in my economic interest as an American.
Not if it's a Chinese company doing it, but I mean โ When a U.S. company brings a facility from China and puts it in Mexico and employs Mexicans, that's more in my economic interest as an American.
Not if it's a Chinese company doing it, but I mean โ When a U.S. company brings a facility from China and puts it in Mexico and employs Mexicans, that's more in my economic interest as an American.
And I think that sort of thing will happen and is happening. That's not to say that we don't have a crisis down there of Chinese investment, and we can talk about that several years if we want. A crisis in Mexico. In Mexico, yeah, it's a huge, huge problem. Will you explain that? So what has happened is we renegotiated USMCA and tightened it in a bunch of ways and really created
And I think that sort of thing will happen and is happening. That's not to say that we don't have a crisis down there of Chinese investment, and we can talk about that several years if we want. A crisis in Mexico. In Mexico, yeah, it's a huge, huge problem. Will you explain that? So what has happened is we renegotiated USMCA and tightened it in a bunch of ways and really created
And I think that sort of thing will happen and is happening. That's not to say that we don't have a crisis down there of Chinese investment, and we can talk about that several years if we want. A crisis in Mexico. In Mexico, yeah, it's a huge, huge problem. Will you explain that? So what has happened is we renegotiated USMCA and tightened it in a bunch of ways and really created